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Columbiana County, OH

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Discussion Forum

New lease offers in Columbiana County who??? 5 Replies

Started by Inchworm antenna. Last reply by James Foster on Wednesday.

lehman well 5 Replies

Started by Herbert H. Finley. Last reply by James Foster on Monday.

Dye Well 80 Replies

Started by Kelly Young. Last reply by beetle Aug 21.

"Now Leasing and Buying Columbiana" 43 Replies

Started by Ron Eiselstein. Last reply by Todd Aug 14.

Lake Tomahawk 1 Reply

Started by Brenda Cutshall. Last reply by John Zoellers Jul 28.

Sevek Well 1 Reply

Started by James Foster. Last reply by Inchworm antenna Jul 23.

Wells don't pay for themselves 2 Replies

Started by TJT. Last reply by Jamotom Jul 19.

Well pad on rt 30 on Lisbon hill. 44 Replies

Started by Kathleen. Last reply by James Foster Jul 16.

Markings, lots of them. What could they be for? Gavers area 13 Replies

Started by Kathleen. Last reply by [email protected] Jul 15.

Hilcorp. Stubenville pike road well pad going in 2 Replies

Started by Kathleen. Last reply by Kathleen Jul 14.

Reality Check 8 Replies

Started by James Foster. Last reply by James Foster Jun 29.

Teegarden Pipeline 68 Replies

Started by James Foster. Last reply by Ron Eiselstein Jun 20.

Columbiana Refractory Rail Lines 1 Reply

Started by James Foster. Last reply by Ron Eiselstein May 7.

anyone ever hear anything about Axiom? 3 Replies

Started by Erma I Mercer. Last reply by James Foster May 1.

Anyone with water well issues on Gavers Rd? 19 Replies

Started by c c. Last reply by Keith A Williams Apr 19.

Millport Pipeline 13 Replies

Started by James Foster. Last reply by James Foster Apr 9.

Chesapeake Wells East of Route 11

Started by James Foster Apr 4.

Mellinger, Weaver and Mangus updates?? 17 Replies

Started by Drill Pipe. Last reply by James Foster Apr 1.

Help Pass HB Bill 1684

Started by Darlene Newton Mar 23.

Comment Wall

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Comment by Jon Chamberlain on June 20, 2014 at 11:02am

Kathleen, when you say the Andrullis well was connected, do you mean it started producing?  Which line is the Anrullis well connected to?

Comment by Kelly Young on June 20, 2014 at 8:07am

I am on the Dye well, south unit. Was told it was in production in March and that we would get our first royalty check in July for the first 3 months of production and then monthly thereafter. What is the division order?

Comment by TJT on June 19, 2014 at 9:46pm

Interesting and thanks. I'm on the Millport line. Waiting like everybody else. 

Comment by Kathleen on June 19, 2014 at 7:39pm
TJT,
I know you were talking to Kelly, but I received my division orders well over a year ago and my well (Andrullis) was connected a few months ago, with no royalities yet.
I have a feeling division orders and production do not follow a certain pattern, yet.
Comment by TJT on June 19, 2014 at 6:06pm
Kelly, when did you get the division order? How long was it between your well going into production and the division order showing up? The info would be greatly appreciated.
Comment by Inchworm antenna on June 19, 2014 at 4:39pm

I wonder how royalty deductions would look on a Net royalty lease that also has a market enhancement clause

Comment by Kathleen on June 19, 2014 at 4:35pm
Those royalties I listed are from a 15% net lease.
Comment by Inchworm antenna on June 19, 2014 at 2:18pm

Folks need to pay very close attention to the market enhancement which might appear to bring more value to the lessor, but many in PA claim is a blind sided attempt to take steep deductions on gross leases. And then there's also the issue of a company or two taking outrageous deductions on Net leases, and how certain companies structure those deductions to where some landowners complained the deductions were almost as much as the actual royalty leaving them with little to nothing.  (like selling to a sister company that charges higher than usual fees, and transferring the fees in deduction form to the lessor).  Looks like folks in PA have even begun to organize against some of those practices and have included their political leaders.  Even the PA Governor has specifically weighed in.  If the same issues are beginning to surface here in Ohio it would be great if people speak up.  Then again maybe the production on the wells commented about are just not very lucrative.

Comment by Kelly Young on June 19, 2014 at 1:45pm

They would be from Chesapeake. As for your other questions, I have no idea. We have yet to receive royalties. Next month is the first month we are supposed to get them.

Comment by Inchworm antenna on June 19, 2014 at 1:32pm

Are the royalty payments from Chesapeake?  Do those Royalty payments take into account application of any of their classic outrageous "Market Enhancement" clauses like people were complaining about in Pennsylvania?  Were the deductions steep?  Were these Net leases?

Look up market enhancement deductions in the general topics discussions.

 

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